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    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Grocery and convenience stores

    301 Congress Ave, Boynton Beach, FL 33426-3415

    1,885 SF 0.67 ac lot Built 1971
    Entity Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-3476116
    Property summary
    AI-generated overview

    This exceptional 4,681 square foot flex space property, located at 301 N Congress Ave in Delray Beach, Florida (zip code 33445), presents a lucrative investment opportunity. The property, known as Congress Commerce Center, is ideally suited for a variety of uses, including showroom space, offices, light manufacturing, or storage. The building features two grade-level motorized overhead doors, providing convenient access for loading and unloading. Inside, you'll find four private offices, enhancing privacy and productivity. Security is ensured with controlled access and security cameras. The property boasts a comfortable climate-controlled environment thanks to HVAC systems in both the warehouse and office areas. Employee and visitor convenience is maximized with a full kitchen and two bathrooms. Built with durability and safety in mind, the building includes hurricane impact windows. The property is situated in Palm Beach County and offers a quarterly association fee of $2,308.54. This versatile and well-equipped space is ready for immediate occupancy and represents a strong investment in a desirable location. The asking price for this exceptional property is $1,750,000.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1971
    Construction CONCRETE
    Total area 1,885 SF
    Lot 0.67 ac (29,329 SF)
    Zoning code C3
    APN 08-43-45-30-01-001-0012
    UPID US18-3476116
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Shell Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    $560k
    Comparable Approach Comparable
    $539k
    Blend (final) Blend
    $550k
    Owner & transaction history
    FIRST COAST ENERGY LLP
    FIRST COAST ENERGY LLP
    Zoning & alternative use
    C3 · Boynton Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $765,000 +2.5%
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